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MarketsandMarkets: Global Emerging Lighting Technologies Market Worth US$112.2 Billion by 2014
Date:9/2/2009

WILMINGTON, Delaware, September 2 /PRNewswire/ -- According to a new market research report, 'Global Emerging Lighting Technologies Market (2009-2014)', published by MarketsandMarkets (http://www.marketsandmarkets.com), the global emerging lighting technologies market is expected to be worth US$112.2 billion by 2014, recording an estimated CAGR of 7.9% from 2009 to 2014. The North American market is expected to account for nearly 39% of the total revenues.

Browse 109 market data tables and in-depth TOC on emerging lighting technologies market. Early buyers will receive 10% customization of reports. (http://www.marketsandmarkets.com/Market-Reports/emerging-lighting- technologies-and-global-market-120.html)

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The increase in the living standards and changing lifestyles has led to a greater demand for energy-efficient new lighting technologies over the traditional incandescent and halogen lighting. A wide number of application areas ranging from small household lighting to commercial and industrial lighting have been benefited by these emerging lighting technologies. The fulcrum has further shifted in favor of these new technologies by virtue of their availability in different sizes and shapes and with different fixtures to justify their usage in the widely varied application areas. With U.S and Europe holding the major chunk of the market share currently, Asia is seen as an emerging market with tremendous potential, particularly in countries like India and China.

Though the market is being boosted by the improved
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SOURCE Markets and Markets
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